32.9 million barrels per day OPEC production in October

Media IN\Agencies November 19,
The output of the Organization of Petroleum Exporting “OPEC” 32.9 million barrels per day during the month of October, an increase of 127 thousand barrels compared to 32.773 million barrels in September of the same year.
The rise in the Organization’s output came in response to the high demand for this strategic commodity due to factors related either to the growth experienced by some of the major industrialized countries or due to the disruption of supplies by other producing countries.
Oil demand rose by 2.9% in October to $ 79.39, the highest since 2014, according to statistics from the Organization of Petroleum Exporting Countries (OPEC).
OPEC, in its repeated meetings held so far, seeks to strike a balance between supply and demand to ensure a fair price for oil.